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Indian IT companies contributed 57.2 billion dollars to US’ GDP in 2017

Addressing business leaders in Denver, Colorado, Mr. Shringla said India-based global IT services companies employ more than 175,000 workers in the US accounting for 8.4 per cent of employment in the computer systems design and related services industry. 

He said, Indian IT companies in the US like TCS, Infosys, WIPRO and Mindtree are deeply embedded in the roots of American society and their contributions have exceeded far beyond the economy. 

He said, the two-way investments between India and the US have reached about 60 billion dollars. On the occasion, US India Business Council, USIBC president Nisha Desai Biswal said, the US-India relationship is at a critical juncture and needs to evolve with the changing landscape of US global trade relations.

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